Alphabet’s depreciation is still only $7.1B after nearly $100B in capex
blue_chip1 · x · 2026-07-23
Alphabet’s latest cash-flow statement shows $7.1B of depreciation for property and equipment, while the company has spent close to $100B on capex over the past year.
- The post questions how depreciation can still be only $7.1B, up just about $1B since CYQ4.
- The attached filing snippet shows the depreciation line item highlighted in Alphabet’s unaudited cash-flow statement.
- It’s essentially a discussion about how quickly massive AI/data-center capex is flowing through the income statement.
Related event: Google's Purchased GPUs Pile Up in Warehouses Awaiting Data Centers(2 posts)→
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